Banks

20 Jan 2022, 13:52

DBS Bank’s custom financing leads the way for companies trying to reach net-zero goals

In the past decade, around two-thirds of Indian companies have made a key addition to their business strategy – sustainability. But, less than a...

18 Jan 2022, 13:51

ICICI Bank best performer in banking with 42% returns in FY22

ICICI Bank has been the best performer in the banking sector as it delivered 80 per cent/42 per cent returns over FY21/FY22 Year to date, Motilal Osw...

14 Jan 2022, 19:36

DBS Bank India partners with Stellapps to enable dairies to digitize value chain and reduce food waste

The imminent need to safeguard the planet from rising temperatures has compelled economies and businesses to adopt sustainab...

12 Jan 2022, 15:35

9 out of 20 Asia-Pacific bank's market cap declined due to COVID-19 including Kotak Mahindra, HDFC Bank

Nine of the top 20 Asia-Pacific banks by market capitalization logged declines in the 2021 fourth quarter, as a new variant ...

05 Jan 2022, 16:06

HDFC, Bandhan, AU Small Finance and other bank stocks surge as more people rushed to borrow money

Banking stocks were the top gainers in the market as lenders reported improving performance in the December quarter. AU Smal...

30 Dec 2021, 13:02

RBL Bank slides back to its lowest in a year despite a new chief and RBI's assurances

Shares of RBL Bank slipped almost 10% on Thursday as investors are still worried about the lender’s business operations afte...

30 Dec 2021, 09:40

Now NRIs can buy any property without prior approval from RBI, except for farm houses and plantations

Reserve Bank on Wednesday said that NRIs and OCIs do not require its prior approval for acquisition and transfer of immovabl...

29 Dec 2021, 11:42

Here's a list of bank holidays in January 2022

People in all walks of life depend on banks for many things. Banks help fulfill several important financial functions and transactions in our lives. ...

28 Dec 2021, 11:56

There is a small pool of hope amid all the fear around RBL Bank

RBL Bank is the fifth largest credit card issuer in India, only behind tier 1 banks. Amidst a leadership chaos at the bank, it has announced an exten...

27 Dec 2021, 13:59

RBL Bank depositors need not worry, assures RBI

India’s banking regulator has stepped in to calm nerves amongst the depositors and investors of RBL Bank. The central bank stated that the financial ...

22 Dec 2021, 07:00

Here’s why Axis Bank may be willing to pay $2 billion to buy Citi’s India ops

Axis Bank has reportedly pulled far ahead in the race to acquire Citi Bank’s retail assets. The acquisition includes the luc...

20 Dec 2021, 22:29

CORRECTED: IDBI Bank says defaulting diamantaire owes only ₹16.7 crore in principle

Mumbai-based diamond merchant Sanghavi Diamonds owes IDBI Bank ₹16.72 crore in principle. IDBI Bank is owned by the Life Ins...

16 Dec 2021, 08:49

PSU bank employees to go on two-day strike from Thursday; services likely to be hit

Close to nine lakh employees of various state-run banks will go on a two-day nation-wide strike beginning Thursday to protest against the government's move to privatise two public sector lenders, union leaders said.

10 Dec 2021, 10:07

Ratings agency Fitch says it considers China's Evergrande to be in default, and cuts its creditworthiness even further into 'junk' territory

China Evergrande's overseas bonds are officially in default, Fitch said on Thursday. Fitch cut the property d...

05 Dec 2021, 18:01

RBI expected to hold rates on uncertainty over new COVID-19 variant

The Reserve Bank of India is expected to retain key lending rates and accommodative stance to support growth during the upcoming monetary policy revi...

29 Nov 2021, 15:55

LIC to raise stake in Kotak Mahindra Bank to nearly 10%

Insurance behemoth LIC will raise its stake in private sector lender Kotak Mahindra Bank to nearly 10 per cent, after receiving grant of approval fro...

29 Nov 2021, 14:27

These are the bank holidays in December 2021 across different states

As per the guidelines issued by the Reserve Bank of India (RBI), banks in India are not operational on the second and fourth...

26 Nov 2021, 18:33

IndusInd Bank promoter Hinduja Group may raise stake in bank to 26% after RBI’s latest change in private bank norms

RBI has accepted 21 out of the 33 recommendations submitted by a central bank working group on ownership and ...

24 Nov 2021, 13:06

Government is reportedly planning to privatise Indian Overseas Bank and Central Bank of India — stocks jump up to 20%

The government may introduce Banking Laws (Amendment) Bill 2021 in the Winter Session of Parliament, commenci...

18 Nov 2021, 11:03

Responsible Resurgence — a road to sustainable recovery

DBS Bank India expands on the drivers for businesses to plan for a better recovery at the intersection of digitalization, supply chain management and...

08 Nov 2021, 12:46

What is Evergreening and why is it hurting IndusInd Bank’s investors today?

The evergreening of loans is a term in which banks try to revive a loan that is on the verge of default by granting further ...

02 Nov 2021, 13:03

The arrest of former SBI chief Pratip Chaudhuri may prevent bankers from making any risky decisions, say experts

Pratip Chaudhuri was arrested by Rajasthan Police on Sunday (October 31) from his residence in Delhi. The arr...

30 Oct 2021, 19:30

list of bank Holidays in November 2021 Month

Banks are associated with each of our lives in one or many ways depending on our lifestyle, finances, vocation, social life and financial position. T...

27 Oct 2021, 16:56

Responsible Resurgence — a road to sustainable recovery

DBS Bank India expands on the drivers for businesses to plan for a better recovery at the intersection of digitalization, supply chain management and...